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0.00% 28.5¢ austar gold limited

Can someone help explain why we released a 3B today where a...

  1. Simonovj
    133 Posts.
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    27/02/12
    17:14
    Post #: 9757962
    Can someone help explain why we released a 3B today where a shareholder has converted their options into shares already.

    Is it quite simply, you pay 7.5c and then sell on market for 17, means a gain of 9.5c, but today can sell option at 11c or 10c at lows..

    what is the logic behind the conversion ? Shares will fall slower than the oppies ???
    MNM Price at posting: 16.3¢ Sentiment: ST Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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